SamCorp Corporate Finance merges with Kreston Reeves

We are delighted to announce that SamCorp have merged with Kreston Reeves, a highly respected, longstanding firm of accountants, business and financial advisers.

SamCorp directors Peter Samuels and Darren Hurdle will move into the Gatwick office of Kreston Reeves and trade as Kreston Reeves. Established in 1998 as Samuels Corporate, SamCorp is a specialist corporate finance and strategic consultancy offering tailored advice to shareholders, directors and managers across a broad range of sectors. It has been behind some of the highest profile company sales and acquisitions in the South East over the past two decades. Peter was the winner of the Dealmaker of the Year 2018 Award in the Insider South East Dealmakers Awards.

The merger will complement Kreston Reeves’ existing Corporate Finance team and also coincides with the appointment of Jack Clipsham as Corporate Finance Partner. Both Peter and Darren will continue to focus on corporate finance, strategic consultancy and tailored advice to shareholders, directors and managers across a broad range of sectors.

Jack Clipsham is an experienced Corporate Finance Partner with a track record of establishing, developing and leading advisory and transaction support teams. He has acted as Reporting Accountant on Listings and undertaken due diligence for corporates, banks and PE firms; he has provided strategic advice to developing companies and to PE firms in respect of their portfolio companies; and he has led both UK domestic and cross-border acquisitions and disposals, and both debt and equity fund raisings. Over his career Jack has concentrated on SME and mid-market clients and has major achievements in developing business in both the South East of England and East and South East Asia. His international exposure and global contact network provides an interesting background to complement the firm’s work with its partners in the Kreston International network.

The demand for corporate finance support from businesses remains high and this merger continues the strategic expansion of Kreston Reeves to create one of the most experienced accountancy and business advisory firms in London and the South-East.

Andrew Griggs, Senior Partner at Kreston Reeves, said: “We’re delighted that Jack, Peter and Darren have chosen to join us – a move that is a significant step forward in growing our strong Corporate Finance offering.

“Jack has experience of establishing, developing and leading corporate finance businesses in the UK, particularly in the southern region, and Peter and Darren have specialised in MBO strategies for their clients which complements and fits perfectly with our own client base. SamCorp clients will also benefit from the wide range of services and expertise we provide including business and tax advisory, financial services, VAT and valuations.

“Our longstanding membership of worldwide accounting network, Kreston International, will also provide valuable new opportunities for their clients.”

Jack Clipsham said: “These developments signal Kreston Reeves’ commitment to grow its Corporate Finance services across all its offices. I’m excited to be joining the firm and being part of the team that further develops its Corporate Finance offering.”

Peter Samuels from SamCorp said: “We have known and worked with Kreston Reeves for a number of years; they are a firm with a very similar ethos to our own so we believe the merger is a natural fit. We are excited at becoming part of the Kreston Reeves team and adding value to this growing firm.”